Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The U.A. Local No. 393 Defined Benefit Pension
- Sponsor EIN: 946359772
- Sponsor Address: 6293 SAN IGNACIO AVENUE, SAN JOSE, CA, 95119
- Plan Type: DB
- Total Participants: 1,962
- Total Assets: $1.0B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,962 | $1.0B | $57.0M | $0 |
| 2023 | 1,996 | $899.1M | $57.9M | $0 |
| 2022 | 1,988 | $741.7M | $57.1M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| POLEN CAPITAL MANAGEMENT LLC | Other Service Provider | $1,319,025 | — | $1,319,025 |
| COLUMBIA MANAGEMENT | Other Service Provider | $964,910 | — | $964,910 |
| NWQ INVESTMENTS | Other Service Provider | $918,148 | — | $918,148 |
| RAYMOND JAMES FINANCIAL, INC | Other Service Provider | $368,791 | — | $368,791 |
| BENESYS ADMINISTRATORS | Other Service Provider | $353,811 | — | $353,811 |
| SUZANNE NEEDHAM | Other Service Provider | $152,673 | — | $152,673 |
| NORTHWESTERN PLAN SERVICES | Recordkeeper | $143,745 | — | $143,745 |
| WITHUMSMITH+BROWN PC | Auditor | $139,379 | — | $139,379 |
| MATRIX TRUST COMPANY | Recordkeeper | $135,205 | — | $135,205 |
| KRAW LAW GROUP | Other Service Provider | $88,216 | — | $88,216 |
| SMART SOURCE LLC | Other Service Provider | $38,277 | — | $38,277 |
| SALTZMAN & JOHNSON LAW GROUP | Other Service Provider | $35,103 | — | $35,103 |
| NEW YORK LIFE | Recordkeeper | $15,768 | — | $15,768 |
| EIDE BAILLY LLP | Auditor | $9,682 | — | $9,682 |
| MARSH & MCLENNAN AGENCY LLC | Investment Advisor | — | $7,537 | $7,537 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN PLAN SERVICES — Recordkeeper
- WITHUMSMITH+BROWN PC — Auditor
- MATRIX TRUST COMPANY — Recordkeeper
- NEW YORK LIFE — Recordkeeper
- EIDE BAILLY LLP — Auditor
- MARSH & MCLENNAN AGENCY LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,690,270
- Estimated Expense Ratio: 0.457% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,893,045 | $3,726,347 | $346,462 | $98,345 | — |
| 2023 | $4,169,655 | $3,105,039 | $327,678 | $63,916 | — |
| 2022 | $4,914,627 | $3,510,711 | $325,173 | — | $799,534 |